Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Alibaba Group Holding Ltd (NYSE:BABA) is surging today, last seen up 6.8%at $86.47, while JD.Com Inc (NASDAQ:JD) stock is enjoying a more modest 1.1% pop to trade at $33.98 at last check. Below, let's dive into what's driving today's positive price action.Alibaba stock is brushing off three price-target cuts after the company reported an 86% drop in profits for the fiscal fourth quarter, while revenue beat estimates. The e-commerce name is re-investing in strategies that drive growth, however. Shares are to ...

Chinese stocks have been some of the most battered in the entire world. However, things are finally turning around for the Chinese economy and the stock market as well. The storm clouds looming over the Chinese market seem to dissipate, and a new dawn could be on the horizon.The Chinese government has taken steps to prop up stocks in the past few months, and I believe if the Chinese stock market starts to falter again, they will loosen policy even more, considering China has minimal inflation. With the worl ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

交银国际研究 公司更新 收盘价 目标价 潜在涨幅 美元 79.51 美元 111.00 +39.6% 互联网 2024 年 5 月 16 日 阿里巴巴 (BABA US) 电商 GMV 增速回暖，短期投入见成效 2024 财年 4 季度（3 月季度）业绩：总收入 2,219 亿元人民币（下同）， 同比增7%，与我们/彭博市场预期基本一致，其中，淘天+4%/国际+45%/云 +3%/本地生活+19%/菜鸟+30%/大文娱-1%。调整后每股盈利 10.14 元，同 比降 5%，基本符合我们预期/低于彭博市场预期 3%。调整后 EBITA 利润率 11%，同比微降 1 个百分点，主要由于电商业务加大投入，及菜鸟 IPO 撤 回后给予员工额外激励。 业绩要点回顾：1）淘天 GMV 同比双位数增长 ，拉动 CMR 增 5%，变现率 小幅下降，因淘宝 GMV 贡献提升及新的商业模式目前变现率较低，随着 新广告产品全站推上线，GMV 和 CMR 增速差将逐步收窄。2）国际商业收 入受速卖通 Choice（贡献 70%订单）增长及变现率提升带动，亏损扩大至 41 亿元因加大速卖通 Choice 和 Trendyol 跨境业务 ...

Alibaba Group Holding Limited (BABA) reported fourth-quarter fiscal 2024 non-GAAP earnings of $1.40 per ADS (RMB 10.14), which beat the Zacks Consensus Estimate by 12.9%. The figure decreased 5% from the year-ago quarter’s reported number in RMB terms.Revenues of RMB 221.87 billion ($30.73 billion) rose 7% from the year-ago quarter. The figure surpassed the Zacks Consensus Estimate of $30.59 billion.The top-line increase was driven by solid momentum across the international commerce retail and wholesale bus ...

I have not been shy about telling our readers and social media/media followers that we liked and bought Alibaba (BABA) in February 2024.And we sat with it. And sat with it.Today, it’s paying us some cushy profits. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: Will it last?BABA reports earnings before the opening bell tomorrow.Alibaba split the business into six business divisions to avoid regulatory scrutiny in China. Aliba ...

While a level of optimism was evident given Alibaba (NYSE: BABA) pre-earnings stock market climb, the report itself, once it came out, seemingly did little other than disappoint investors. BABA stock 5-day price chart. Source: GoogleIndeed, the Chinese e-commerce and technology giant, which has been struggling amidst efforts to reorientate toward artificial intelligence (AI) and a wider Mainland and Hong Kong market downturn, dropped 6.02% in the New York Stock Exchange within a single day after the figures ...

Over the past year Alibaba (NYSE:BABA) stock lost one-third of its value but in recent weeks is running hot again. Shares are up 26% from their 52-week low. Although the Chinese e-commerce giant remains over 60% below its all-time high hit back in 2021, is this the inflection point investors have been waiting for? There is good reason to believe it is. Let’s dig in to find out why.Too Many DistractionsAlibaba took its eye off the ball. It tried to be all things to all people. Beyond just its e-commerce plat ...

Investment Rating - The report assigns a "Buy" rating to the company with a target price of $124.90 per ADS [7][24] Core Views - The company's business adjustments show higher visibility in delivering results [7] - Management emphasizes investments to support core businesses, particularly in the T&T Group, which saw double-digit GMV growth [7] - The company's increased shareholder returns and potential primary listing in Hong Kong are expected to support valuation [7] - The cloud business's adjusted EBITA margin continues to expand, with management confident in returning to double-digit revenue growth [7] Financial Performance Valuation Metrics - P/E ratio is expected to decrease from 26.6x in 2022A to 9.4x in 2027E [1] - P/B ratio is projected to decline from 1.7x in 2022A to 0.9x in 2027E [1] - P/CFPS is forecasted to decrease from 18.6x in 2022A to 10.3x in 2027E [1] Growth Metrics - Revenue growth is expected to be 7.9% in 2025E, 8.4% in 2026E, and 6.6% in 2027E [3] - Net profit growth is projected at 56.3% in 2025E, followed by 10.0% in 2026E and 10.3% in 2027E [3] - Adjusted net profit growth is forecasted at -3.3% in 2025E, 9.4% in 2026E, and 9.3% in 2027E [3] Profitability Metrics - Gross margin is expected to remain stable around 37% from 2025E to 2027E [3] - Operating margin is projected to increase from 13.6% in 2025E to 14.7% in 2027E [3] - Adjusted net profit margin is forecasted to be 15.1% in 2025E, 15.2% in 2026E, and 15.6% in 2027E [3] Key Business Updates T&T Group - In Q4FY24, T&T Group's revenue was RMB 93.2 billion, up 3.7% YoY, with CMR revenue of RMB 63.6 billion, up 5.0% YoY [17] - Adjusted EBITA for the group was RMB 38.5 billion, down 1.4% YoY due to increased investments in user experience and technology infrastructure [17] AIDC - AIDC's revenue in Q4FY24 was RMB 27.4 billion, up 45.1% YoY, with international retail and wholesale revenues growing 56.4% and 10.8% respectively [17] - Adjusted EBITA loss widened to RMB 4.1 billion in Q4FY24 from RMB 2.2 billion in Q4FY23 due to increased investments in AliExpress Choice and Tredyol [17] Local Services Group - LSG's revenue in Q4FY24 was RMB 14.6 billion, up 18.5% YoY, driven by order growth in Ele.me and Amap [18] - Adjusted EBITA loss narrowed to RMB 3.2 billion in Q4FY24 from RMB 4.1 billion in Q4FY23, thanks to reduced losses in the "To-Home" business [18] Cainiao - Cainiao's revenue in Q4FY24 was RMB 24.6 billion, up 29.8% YoY, driven by increased cross-border fulfillment services [19] - Adjusted EBITA margin was -5.5% in Q4FY24, compared to -1.7% in Q4FY23, mainly due to retention incentives for employees following the IPO withdrawal [19] Valuation Breakdown - T&T Group is valued at $58.5 per ADS based on 7.0x FY25E EV/adjusted EBITA [26] - AIDC is valued at $11.3 per ADS based on 1.5x FY25E EV/Sales [26] - Local Services Group is valued at $5.7 per ADS based on 1.5x FY25E EV/Sales [26] - Cainiao is valued at $2.6 per ADS based on the latest valuation from Alibaba's minority stake buyback [26] - Cloud Intelligence Group is valued at $24.3 per ADS based on 3.9x FY25E EV/Sales [26] - Digital Media and Entertainment Group is valued at $1.3 per ADS based on 1.0x FY25E EV/Sales [26] - All Others are valued at $9.7 per ADS based on 1.0x FY25E EV/Sales [26] - Strategic investments are valued at $11.6 per ADS with a 30% holding discount [26]